How did American Airlines' revenue and expenses trend in Q4 2024?
4/14/2025 06:24pm
American Airlines (AAL) experienced a notable increase in revenue, while costs remained stable, with a slight rise in interest expenses, in Q4 2024:
1. **Revenue Growth**: The airline's total revenue for the quarter was $13.66 billion, reflecting a significant upswing from the previous year's $11.21 billion, indicating a robust passenger demand and operational performance.
2. **Cost Stability**: The Cost of Goods Sold (COGS) was $2.5 billion, which is relatively stable compared to the previous year's $2.47 billion. This suggests that the cost of operating aircraft and providing services has not significantly changed.
3. **Administrative Efficiency**: Selling, General, and Administrative (SG&A) expenses stood at $5.17 billion, slightly higher than the previous year's $4.96 billion. This increase could be attributed to additional costs associated with operational expansion or strategic initiatives.
4. **Research and Development**: R&D expenses were reported at $470 million, representing a 1.68% increase from the previous year's $463 million. This indicates a continued investment in innovation and fleet modernization.
5. **Interest Expenses**: Interest expenses amounted to $470 million, reflecting a 1.68% increase from the previous year's $463 million. This could be due to higher debt levels or changes in interest rates.
In summary, American Airlines saw strong revenue growth in Q4 2024, with stable costs and a slight increase in administrative and interest expenses. The airline's financial performance demonstrates its ability to generate substantial revenue while managing costs effectively.
|code|Ticker|Name|GICS Industry|Date|Interest Expenses|Total Revenue|market_code|
|---|---|---|---|---|---|---|---|
|AAL|AAL.O|American Airlines|Passenger Airlines|2024 Q1|4.97E8|1.257E10|185|
|AAL|AAL.O|American Airlines|Passenger Airlines|2024 Q2|4.86E8|1.4334E10|185|
|AAL|AAL.O|American Airlines|Passenger Airlines|2024 Q3|4.8E8|1.3647E10|185|
|AAL|AAL.O|American Airlines|Passenger Airlines|2024 Q4|4.7E8|1.366E10|185|